President Trump is in the Swamp

Floor Speech

Date: May 21, 2018
Location: Washington, DC

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Ms. KAPTUR. Mr. Speaker, President Trump promised to drain the swamp, but the Financial Times reports his pay-to-play scheme catering to Chinese investors sure looks like he is in the swamp.

Vox reports this week President Trump has a direct financial interest in a major real estate development project essentially underwritten by a state-owned Chinese bank in Indonesia called Lido City and secured a $500 million loan from the Metallurgical Corporation of China, billing it as Asia's first Trump community, featuring a resort golf course, condominiums, and private villas.

According to the Financial Times, the President and the Republican Party are soon to host a $150,000-a-plate dinner in Dallas, where a Chinese-owned bank is now encouraging its top investors to attend so they can get face time with the President and key members of his team at $150,000 a plate.

Meanwhile, the American workers still don't know what is in President Trump's trade deal to increase Chinese purchases of American goods, but we do know we need a guard dog to protect American economic and security interests from the President's apparent conflict of interest on his personal dealings, not in the national interest.

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